Fennec exceeded Craig-Hallums expectations with Norgine deal, stock PT raised

FENC Stock  USD 7.04  0.08  1.12%   
About 62% of Fennec Pharmaceuticals' investor base is looking to short. The analysis of overall sentiment of trading Fennec Pharmaceuticals stock suggests that many investors are alarmed at this time. Fennec Pharmaceuticals' investor sentiment overview provides quick insight into current market opportunities from investing in Fennec Pharmaceuticals. The current market sentiment, together with Fennec Pharmaceuticals' historical and current headlines, can help investors time the market. In addition, many technical investors use Fennec Pharmaceuticals stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Fennec Pharmaceuticals stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Fennec daily returns and investor perception about the current price of Fennec Pharmaceuticals as well as its diversification or hedging effects on your existing portfolios.
  
Fennec exceeded Craig-Hallums expectations with Norgine deal, stock PT raised

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Fennec Pharmaceuticals Fundamental Analysis

We analyze Fennec Pharmaceuticals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fennec Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fennec Pharmaceuticals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Beta

Beta Comparative Analysis

Fennec Pharmaceuticals is currently under evaluation in beta category among related companies. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Fennec Pharmaceuticals Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fennec Pharmaceuticals stock to make a market-neutral strategy. Peer analysis of Fennec Pharmaceuticals could also be used in its relative valuation, which is a method of valuing Fennec Pharmaceuticals by comparing valuation metrics with similar companies.

Peers

Fennec Pharmaceuticals Related Equities

OBIOOrchestra BioMed   12.77   
0%
100.0%
ANEBAnebulo Pharmaceuticals   4.07   
0%
31.0%
IKNAIkena Oncology   2.14   
0%
16.0%
OLMAOlema Pharmaceuticals   1.86   
0%
14.0%
IRONDisc Medicine   0.81   
0%
6.0%
EWTXEdgewise Therapeutics   0.39   
3.0%
0%
CSBRChampions Oncology   0.63   
4.0%
0%
LRMRLarimar Therapeutics   0.67   
5.0%
0%
ELYMEliem Therapeutics   0.73   
5.0%
0%
JANXJanux Therapeutics   0.86   
6.0%
0%
HRMYHarmony Biosciences   0.96   
7.0%
0%
MOLNMolecular Partners   2.33   
18.0%
0%
MNOVMediciNova   2.82   
22.0%
0%
KROSKeros TherapeuticsInc   3.17   
24.0%
0%
AVTEAerovate Therapeutics   6.12   
47.0%
0%
When determining whether Fennec Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fennec Pharmaceuticals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fennec Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fennec Pharmaceuticals Stock:
Check out Fennec Pharmaceuticals Hype Analysis, Fennec Pharmaceuticals Correlation and Fennec Pharmaceuticals Performance.
For information on how to trade Fennec Stock refer to our How to Trade Fennec Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is Fennec Pharmaceuticals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fennec Pharmaceuticals. If investors know Fennec will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fennec Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Fennec Pharmaceuticals is measured differently than its book value, which is the value of Fennec that is recorded on the company's balance sheet. Investors also form their own opinion of Fennec Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Fennec Pharmaceuticals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fennec Pharmaceuticals' market value can be influenced by many factors that don't directly affect Fennec Pharmaceuticals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fennec Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fennec Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fennec Pharmaceuticals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.